Building the Largest Solar Power Plant in Bangladesh

1. Building the Largest Solar Power Plant in Bangladesh

2. A solar power plant is a big source of energy. For the generation of renewable energy, its significance comes to a realization. Understanding this, BEXIMCO Group aims to build the largest solar power plant in Bangladesh. The top Bangladeshi conglomerate further aims to draw multiple advantages from this to benefit many people living in the northern region of the country. Thus, beyond the generation of energy, advantages that can be growth-oriented for the economy are expected as well. • Building two Solar Plants to Generate Energy • This company in Bangladesh plans to set up two solar power plants. Moreover, it is planning to endow both with an excellent capacity to work in the most significant way. • The first power plant is capable of generating more than 200 megawatts. Its huge potential is further indicated by the cost invested in it. The conglomerate hopes to make it one of its best investments in the favor of the nation and its people. • In addition, the second solar power plant will come with the capacity of more than 40 megawatts. Its functioning will also be capable of drawing more energy. Together, the setup of both plants will help in receiving solar energy and be advantageous to a large number of people living in the northern region of Bangladesh.

3. Operations in Effect Since 2022 • Since December 2022, the largest solar power plant in Bangladesh have been in effect. For both plants, BEXIMCO Limited received approval from the government. One of these plants are located in Gaibandha. • For the greater success of these operations, several other companies will be assisting BEXIMCO for technical requirements. These companies include Zetwerk Manufacturing Businesses Private Limited, LONGI Solar technology, ABB Limited, and Rays Power Infra Private Limited. • Paving the Path to Produce Solar Power • The beginning of these operations has brought new hopes for Bangladesh. While BEXIMCO Group leads in several other fields too, these plants will add to its social achievements. • Through a number of measures, this conglomerate has assisted the government to bring positive changes in the country and beyond. Now, by committing itself to energy production, it hopes to create a bigger social and environmental impact.

4. Aims to be Achieved with Solar Power Plants • The generation of energy is one of the broader goals that are to be achieved with these solar power plants. With the total capacity reaching 230 megawatts, this aim will be successfully attained and to a great extent. In addition to this, reducing the consumption of non-renewable energy will also be possible. Thus, the largest solar power plant in Bangladesh by BEXIMCO Group will be able to play a role in reducing the cost of electricity. As a result of this, the savings obtained can be utilized in other areas for their improvement. • The environmental impact of the solar power projects is equally impressive. While more energy will be drawn, fewer effects will be made on the environment. This will help in its preservation and contribute in one more way to the world. • Looking Beyond Energy Generation • Beyond energy saving and production, this plant will be capable of benefiting people in various other ways, in the opinion of BEXIMCO Group. In one large way, its creation and setup will yield new employment opportunities. Even for the functioning of the plant, the production of jobs will be observed.

5. Across various levels and for different processes, the availability of these opportunities can benefit anyone, whether from rural areas or the urban ones. Additionally, more people can hope to earn a regular source of income. Moreover, they can become contributing members of this country’s economy. • Drawing to a Close • By building the largest solar power plant in Bangladesh, BEXIMCO Group hopes to benefit the nation. Its main aim is to make the use of energy less expensive. At the same time, its projects will contribute to the nation in other ways. On the whole, the country can attain more growth with the biggest power plant and its positive effects.